Hot links: Jobs! And a guy eating his hat!

If it’s the first Friday of the month, it’s jobs day. The closely watched employment report has the world buzzing. From the WSJ: What if the numbers are already baked into stock prices? That would be bad. “The S&P 500 has risen in four of the past five days, in what some have suggested looks like a “buy-the-rumor, sell-the-news” trade ahead of the jobs report.”

Matt Phillips at qz.com thinks “the markets will likely ignore a mildly disappointing number a bit, since it doesn’t square with the lion’s share of other recent readings.” And, he notes, the margin of error on the report is about 100,000, which is large enough for a high-rise apartment for giraffes.

Peter Morici at TheStreet.com thinks the jobs report will be a disappointment.

From Bankrate.com: A Reddit reader eats his word – and his hat – when Bitcoin fails to break $1,000. “You’ve got to give the man some props for being, as he says, “an idiot with integrity.”The video is 46 minutes long, because it takes a while to eat a hat. T